---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-064778"
form_type: "8-K"
ticker: "KRT"
cik: "0001758021"
company_name: "Karat Packaging Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:52:46.740156+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Karat Packaging declares $0.40 special dividend and initiates $0.10 quarterly dividend policy

## Summary
- Board declared a special cash dividend of $0.40 per share on common stock.
- Board approved a quarterly cash dividend policy and declared a $0.10 per share quarterly dividend.
- Both dividends payable on or about August 31, 2023 to shareholders of record August 23, 2023.
- CEO Alan Yu cited strong operating performance and cash position for the distributions.

## SEC filing metadata
- accession: 0001213900-23-064778
- form_type: 8-K
- ticker: KRT
- cik: 0001758021
- company_name: Karat Packaging Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758021/000121390023064778/0001213900-23-064778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758021/000121390023064778/ea183120-8k_karatpack.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-064778
- JSON: https://secwatch.observer/filing/0001213900-23-064778.json
- Plain text: https://secwatch.observer/filing/0001213900-23-064778.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.